My Summit Adventures Inc

EIN: 921872528 501(c)(3) Human Services

Draper, UT

Total Revenue
$573,205
Total Expenses
$680,406
Total Assets
$218,391
Net Assets
$210,766
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
UT
Phone
8018821790
Tax Period
2024-07-01 to 2025-06-30

My Summit Adventures Inc, founded in 2023, is a small nonprofit in the Human Services sector that reported $573K in total revenue in fiscal year 2024. Expenses of $680K exceeded revenue, resulting in a 19% operating deficit.

Mission

Our mission is to provide quality programs in early education for preschool age children, by way of preschool classes, and out-of-school time programs for school aged children.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,890
Program Service Revenue $571,255
Investment Income $60
Other Revenue $0
TOTAL REVENUE $573,205

Expense Breakdown

Grants Paid $0
Salaries & Benefits $428,712
Fundraising Expenses $0
Program Expenses $680,406
Other Expenses $251,694
TOTAL EXPENSES $680,406

Year-over-Year Comparison

2024 2023 Change
Revenue $573,205 $548,568 +0.0%
Expenses $680,406 $733,691 -0.1%
Net Income $-107,201 $-185,123 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$126,266
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amber May President 40.00
Officer
$68,834 $0 $68,834
Nathaly De La Torre President 40.00
Officer
$57,432 $0 $57,432
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $573,205 $680,406 $218,391 $-107,201
2024 $548,568 $733,691 $337,874 $-185,123
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